I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...
Hi guys,
I am a bit embarrassed for asking such a simple question and feel like I should know the answer already but I guess if I don't ask I will never know....
I need to do some serious asset/liability protection...
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
I was thinking of putting my rental property into an llc. Any suggestions? Do I need a lawyer???
It seems that many landlords go to the unit to pick up rent. Is this to check on the property? Does anyone have the tenant just mail the rent?
I am an OOS investor and found a quadplex that I am interested in. I am getting mixed feedback on the area in KS - from the area is not where one would feel safe at night, to there is a lot of investment going on in K...
I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
Any 1031 exchange success stories in today's markets? If so, what strategy did you use to best safeguard your profits considering the small time frame (45 days to identify a property)?I've read things like look at mu...
Real estate agent? Accountant? Grocery store manager? Pizza delivery guy?Just out of curiosity, what was your job before you decided (or were able) to live off your investments? Doesn't matter how high/low paying or u...
I have a vacation rental going online next month and one thing I haven't completely figured out is the laundry on a short turnover. I was hoping to have my cleaners come and spend about 2 hours preparing the 2bd house...